Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal - 2022

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal (CIF) - 2022
  2. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal (CIF) - 2022

In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $2,323 per ton, declining by -7.6% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 74%. As a result, import price reached the peak level of $10,907 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,969 per ton), while the price for China amounted to $3,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+57.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal

For the fourth year in a row, Nepal recorded growth in purchases abroad of fresh or chilled lamb carcasses and half-carcasseses, which increased by 1.8% to 1.3 tons in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses dropped to $3.1K in 2022. Over the period under review, imports, however, saw a drastic downturn.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,566327N/A159-60.4%
China1,11511.0N/A10.0-79.2%
OthersN/A3,1223,2522,888-3.8%
Total3,6813,4603,2523,057-6.0%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Nepal in 2022:

  1. India (32.0 kg)
  2. China (3.0 kg)

Source: IndexBox Market Intelligence Platform

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